Practicing Success
Which of these statements are true- Poverty is also explained by some of the economy-wide problems, such as a) low capital formation b) lack of infrastructure c) lack of demand d) pressure of population e) lack of social/ welfare nets |
a) b) and d) b) c) d) and e) a) b) c) d) and e) a) b) c) and e) |
a) b) c) d) and e) |
Aggregate poverty is just the sum of individual poverty. Poverty is also explained by general, economy-wide problems, such as (i) low capital formation (ii) lack of infrastructure (iii) lack of demand (iv) pressure of population (v) lack of social/ welfare nets |